Our investor home loans

Yes, investors can get interest-only home loans. With Tic:Toc, our investment home loan rates are available as either variable or fixed, and with interest-only period between 1 and 5 years.

This will depend on many different factors, like your income and your current living expenses. To get an estimate, check out our borrowing calculator and run the numbers.

Investment loans also have comparison rates, and they’re used the same way as other home loan comparison rates: as a tool to more easily compare options from lender to lender. Tic:Toc’s comparison rates are calculated for a $150,000 loan over 25 years. They factor in our fees associated with applying for the loan; our ongoing fees and our fees associated with leaving the loan.

To apply for a Tic:Toc home loan, have a look at our eligibility to see if we could be a good fit. Then, take a look at our home loan options to see if any of our investor home loan rates catch your fancy. When you’re ready, apply online. Our digital application should take around 20 minutes to submit.

You bet you can. Equity is a powerful tool that can set you on the road to building a profitable investment property portfolio.

You can use the equity in your home as an investment property deposit and if you have enough equity built up, you can borrow 80% of the property’s value without having to use your own cash.

How equity is calculated

Your accessible equity is the difference between your home’s current value and how much you still owe on your home loan,

If you’ve lived in your home for five years or more, you’ve probably accumulated quite a bit of accessible equity.

But lenders will only lend up to 80% of your home’s current value minus your current mortgage. This is known as your useable equity, which is quite a bit less than your accessible equity.

But it can still be a significant amount for an investment property deposit or any other use you may have for it, such as renovating your home, investing in shares or managed funds or improving your lifestyle with a holiday or new car.

Tips when buying an investment property

All investments carry some level of risk, so to reduce your exposure when accessing your equity;

• You could keep some of your equity for emergencies, instead of using it all to invest in property.
• Consider repaying your home loan as quickly as you can.
• Think about learning more about property investing so you can make educated choices.
• It's always important to get professional financial advice to fully understand your options.

Still have questions about using your equity? Contact our expert team on 08 7109 9010 or send an email to myenquiry@tictochomeloans.com.

Related articles from our Home loan guide

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  Why LMI isn't just for first home buyers

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There are typically a range of costs involved when you take out a home loan. These can include application fees, valuation fees, establishment fees and discharge fees.

But not if you’re applying for a Tic:Toc home loan.

Because we’re a purely online service with none of the overheads of the brick and mortar lenders, we’re able to eliminate most fees altogether.

Check out the savings you can make:

Click here to see a full list of our rates and fees, or to get a breakdown of fees and government costs by States and Territories, check out our home loan guide here.

Curious about the cost to refinance? We've got that covered too.

For Tic:Toc home loans:

Your loan provider is Tic:Toc, which makes you a Tic:Toc customer. The funder of your loan is Bendigo and Adelaide bank, because they give us the money to lend to you (thanks guys).

What the bank does

If we approve your Tic:Toc home loan, the Bendigo and Adelaide bank then provides the online portal where you can make your loan repayments and access your offset account. They also process any changes you might want to make to your loan.

We partnered with Bendigo and Adelaide Bank because they’re a trusted bank, protected by the government's Financial Claims Scheme (FCS).

For Tic:Toc + Choice loans:

Your loan facilitator will be Tic:Toc, and we’ll partner you up with a lender from our lender panel. The loan will be funded by your lender, who has been carefully chosen by Tic:Toc (we’re a values-aligned business, after all). You’re still a Tic:Toc customer and will receive top-notch service from the same team of Home Loan Experts and our in-house broker team, who sit in our Adelaide HQ.

Learn more about Tic:Toc + Choice.

What Tic:Toc provides across both

At Tic:Toc, we offer you faster, cheaper home loans with our world-first online application technology and we continue to work on improving that technology to give you an even better customer experience.

Online home loans aren’t new, but at Tic:Toc, we’ve streamlined the application process to under one hour, making it the fastest and most convenient way to get a cheaper home loan with little or no fees.

Tic:Toc also takes care of the assessment process once you’ve applied for your home loan, requesting a credit check from a credit reporting agency and using it to assess your eligibility for the loan.

Is Tic:Toc a bank?

No, we’re not a bank. But we’re bank-backed.

So what does it mean to be bank-backed?

Tic:Toc has the backing of Bendigo and Adelaide Bank, and they help us out in a few ways, like funding our home loans, providing our offset accounts and importantly, giving our customers the protections a bank has in the unlikely event something goes bad. Read more on the Financial Claims Scheme (FCS) and why it’s important our offset accounts are covered under the FCS.

More than that, we have an agreement with them to fund our Tic:Toc home loans. This means when you get a Tic:Toc home loan, any funds we loan you come from the Bank. Because our tech is so efficient at assessing customers for a home loan, we get market-leading pricing on those funds, which means we can offer customers bank-grade products but with really low rates and no fees. It’s a no-brainer.

Us and the bank? We go way back. As an initial funder in our early days, Bendigo and Adelaide Bank continue to be an important shareholder, too. They’re invested in our future.

All of this means you’re still a Tic:Toc customer, though. And we’re still a lender, with an Australian Credit Licence to boot.

What’s in it for Tic:Toc?

Partnering with a bank enables us to:

• reduce our overhead costs and offer lower interest rates

• focus on being a tech company to innovate in the home loans industry

• combine the best features of a bank (like offering a real offset account) with the best features of a Fintech (like applying 100% online).